Day: May 24, 2026

Accounting Multiple Choice Question – 24 May 2026

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following misstatements discovered in a sample would not generally be extrapolated against the total population?

Select ONE answer:

  1. A misstatement in invoice value
  2. A misposting between customer accounts
  3. An invoice omitted in error
  4. An invoice disputed by a customer

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

  1. Not correct
  2. Correct – A misposting between customer accounts and a timing difference between customer records and client records are errors which would not generally be extrapolated against the total value of the population.
  3. Not correct
  4. Not correct

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